China already recovering?
There is a silver lining on the horizon. Volumes at the Port of Shanghai have increased since mid-May, Chicago-based intelligence provider Four Kites report. At this stage, the 14-day average ocean shipment volume is down only 4% compared to 12 March (the day before... more
Another intra-Asian service
Singapore-headquartered Pacific International Lines (PIL) is introducing a new weekly direct intra-Asian service that will connect ports in China, Korea, Thailand, and Vietnam. TPIL will deploy a group of vessels with an average capacity of 2,000 teu on this route. PIL's... more
Rising in the rankings
The Palau International Ship Registry’s (PISR) has risen in its ranking within the Paris memorandum of understanding (PMOU) Flag State performance list in the first half of 2022. As of 1 July 2022, PISR lies at the top third tier of the Grey List of flag states. This... more
Three for a green light
It is a consortium with three partners: the American classification society ABS, the South Korean shipyard Hyundai Heavy Industries Group (HHI) and the maritime administration of the Republic of the Marshall Islands (RMI) are joining forces to develop a project to build a tanker... more
Second of six sisters tests the water
For Evergreen, it is the second unit of its new class of ultra-large containerships (ULCV) to be recently floated out from CSSC's Hudong-Zhonghua shipyard. The vessel is part of Evergreen Line's newbuilding series. As now has been reported, the new vessel named “Ever Aria”... more
A new type of barge
The German HGK Shipping has put another low-water vessel into service in Rotterdam. The Type C tanker was christened "Synthese 18" and will be used to transport liquid chemical products on the Rhine and its tributaries. The vessel combines a draught-optimised design... more
Greeks in front, Clarkson says
According to Clarksons, Greek shipowners are still taking the lead in international shipping. About 16.4% of global tonnage on the water are in the hands of Greek owners, although national Greek imports / exports account for 1% of global seaborne trade. Yet, Greek shipping... more
New continental link to Ireland
Another maritime link between Ireland and the Continent is in preparation: Finnlines has decided to open a new freight route between Rosslare and Zeebrugge, Belgium (now part of Antwerp-Bruges), providing a new direct link between Ireland and Continental Europe, which also... more
An ammonia engine in the making
Maritime players Win GD and Hyundai Heavy Industries are developing an ammonia two-stroke engine, together, which can be an important step in shipping’s progress towards decarbonisation. The two parties aim to deliver a first engine by 2025, in line with Win GD’s previously... more